As U.S. states start to reopen, Fed official sees little sign of economic resurgence

May 7, 2020 by  
Filed under News

Though states have begun to reopen their economies, it is not clear consumers are ready to venture back to the marketplace, Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, citing conversations with business officials in his region and his staff’s study of cellphone tracking data.

Source: Reuters Business News

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